By Michael Stratford – WASHINGTON — DC
T he U.S. Department of Education plans to name the colleges whose access to federal money it has restricted because of concerns about the risk they pose to students and taxpayers. And most of the institutions placed on those financial sanctions in recent years have been for-profit colleges, newly disclosed federal records show.
Officials will release the list of colleges currently subject to extra scrutiny known as heightened cash monitoring at some point next week, according to Dorie Nolt, the department’s press secretary.
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